50% Off! Beat the market in 2025 with InvestingProCLAIM SALE

General Employment Enterprises stock hits 52-week low at $0.23

Published 12/09/2024, 11:30 AM
JOB
-

In a challenging year for General Employment Enterprises, the company's stock has plummeted to a 52-week low, trading at just $0.23, down significantly from its 52-week high of $0.55. This significant downturn reflects a steep 1-year change, with the stock value shrinking by -54.9%. InvestingPro data reveals the company's revenue has declined by 23.4% to $122.4 million in the last twelve months. Investors have watched with concern as the stock struggled to maintain its ground, ultimately succumbing to market pressures and reaching this low point. The company, which specializes in staffing and employment services, has faced numerous headwinds that have contributed to this decline. Despite these challenges, analysts maintain a $2.00 price target, and InvestingPro analysis shows a strong current ratio of 4.12, indicating solid short-term liquidity. For deeper insights into the company's recovery potential, investors can access comprehensive Pro Research Reports available on InvestingPro, covering over 1,400 US stocks including detailed analysis of General Employment Enterprises.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.